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Forex Trend Analysis Report

Prepared for you on Tuesday, May 21, 2019.

Papua New Guinea Kina/British Pound (FOREX:PGKGBP)

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_PGKGBP
Open High Low PGKGBP Price Change
0.231205 0.231205 0.231205 0.231205 0.000000
Entry Signal

MarketClub’s Trade Triangles for PGKGBP

long term down The long term trend has been DOWN since Jan 31st, 2019 at 0.227475

intermediate term up The intermediate term trend has been UP since Apr 21st, 2019 at 0.227250

short term up The short term trend has been UP since May 16th, 2019 at 0.229900

Smart Scan Analysis for PGKGBP

Based on a pre-defined weighted trend formula for chart analysis, PGKGBP scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for PGKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.231205 0.231205 0.231205 0.231205 0.000000
Prev. Close Volume Bid Ask Time
0.232880 0.226310 0.236100 2019-05-16 09:07:37
Want to analyze Papua New Guinea Kina/British Pound PGKGBP or another symbol? Try our Free Forex Trend Analysis Report.